Word: euros
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Dates: during 2000-2009
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...been coming to Paris for 18 years, and at times when the dollar was strong, she says, "All I did was shop." But last week, walking around the Galeries Lafayette department store, she was doing more looking than buying. The reason: the dollar has been sliding against the euro, and that's making everything much more expensive for her. "I'm so depressed," she says. [an error occurred while processing this directive...
American Christmas shoppers in Paris aren't the only ones suffering from sticker shock. The dollar fell to a near-record low of $1.33 to the euro at the end of last week. It has shed about six cents since early November, shattering months of calm on currency markets, causing a mini-swoon on some stock exchanges and prompting French Finance Minister Thierry Breton to call for "great collective vigilance." The dollar has also slid against the British pound, which closed last week just a few cents short of $2, its highest in 14 years. Many investors are betting that...
Despite some jitters, few are panicking yet. Jean-Michel Six, head of economic research at Standard & Poor's in London, reckons the dollar will fall to between $1.42 and $1.45 against the euro by mid-2007, but even at that level, "we do not expect any significant impact on overall growth" in Europe. German machinery companies are currently operating at over 90% of their potential capacity, the highest since 1990, and are thus well able to weather a weaker dollar, says Olaf Wortmann, an economist at the German Engineering Federation...
...More Kings,” a cover of a song from primary-school staple “Schoolhouse Rock!” also makes it onto the set, and somehow manages to be one of the band’s best performances. “Sensitive Euro Man,” a track from the best-left-forgotten “I Shot Andy Warhol” soundtrack, has a stunning bass dénouement.But any self-respecting Pave-aficionado will already have all those cuts, and the First Law of “Wowee Zowee?...
...Jean, Egyptian Amgad Zaki and Syrian Khalil Zakhem, Maass - who has built a reputation for successfully inventing new takes on old standards during his decade-long tenure in the United Arab Emirates - has created an informative, user-friendly tome with 120 culinary creations. The 256-page book applies a Euro-fusion ethos to classic Arab cookery, incorporating new ingredients (lobster with baba ghanoush ravioli, courgette-aubergine salad and cream of red peppers) while respecting regional Muslim customs that disallow alcohol in cooking. Oenophiles are not forgotten, though: selections like an hors d'oeuvre of orange-flavored prawns on a flan...